The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for well 25/7-7 in the North Sea offshore Norway. The well 25/7-7 will be drilled from the Leiv Eiriksson semi-submersible drilling rig, the NPD said on the 31st July. The drilling programme…
The Australian parliament in Canberra has passed legislation which will enable ratification of the treaty fixing the country’s marine boundary with East Timor which was signed at the United Nations in New York in March. The boundary follows the median line between the two…
A US$20 billion investment aims to supply electricity to Singapore from what will be, for the time being, the world’s largest solar farm: Sun Cable. Located in Australia and linked by a 3,800-kilometre submarine cable, its magnificent 15,000 hectares of solar panels will provide…
Neptune Energy has agreed to acquire interests from Eni in the Kutei basin production sharing contracts (PSC) offshore Indonesia. Neptune will acquire a 20% working interest in the East Sepinggan PSC and a 30% working interest in the East Ganal PSC. The East…
The Oil and Gas Authority (OGA) has published for the first time a Wells Strategy which provides a framework of how the OGA and industry will work together to deliver increased activity and improve performance. The OGA’s first Wells Insights Report, published in November…
Australia’s National Offshore Petroleum Title Administrator (NOPTA) has awarded 3D Oil Limited the VIC/P74 permit in the offshore Gippsland Basin. The 1,006 km2 permit is located on the southern side of the Gippsland Basin, adjacent the giant Kingfish oil field, 3D Oil said last…
As much as US$9 billion will be needed over the next decade just to throw away dirty water in the world’s busiest shale field, according to Raymond James & Associates Inc. The scale of the challenge is mind-boggling: drillers typically pump 30 Olympic-sized swimming…
Taiwan’s CTCI Corporation has formed a joint venture with McDermott International Inc to carry out work on a portion of the recently approved Saudi Arabian Basic Industries Corporation (SABIC)-ExxonMobil Corporation Gulf Coast Growth Ventures (GCGV) project, a 1.8 million-tonne/year ethane cracking complex in San Patricio…
Husky Energy has brought onstream two new infill production wells at its White Rose complex offshore Newfoundland. The central and southern drill centres have resumed normal operations, and following the recent installation of a new subsea flowline connector, the drill centres at North Amethyst…
Qatar Petroleum has entered into an agreement with Total for a share of exploration and production rights in two blocks offshore Guyana. Under the agreement, which is subject to customary regulatory approvals by the government of Guyana, Qatar Petroleum will hold 40% of Total’s…
